Integrity Nutraceuticals plans to consolidate its Maury County operations

Mar. 11, 2014

Penske Logistics and some of its employees are seen in Spring Hill in 2006. / File / The Tennessean

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A supplier of ingredients to the nutritional supplement industry has leased the 328,000-square-foot former Penske Logistics building in Spring Hill and has plans to consolidate its headquarters, manufacturing and distribution operations there.

Integrity Nutraceuticals’ lease signing is one of the biggest this year for commercial properties in the Nashville area. It comes after Miami-based private equity firm H.I.G. Growth Partners LLC made an investment in the company earlier this year.

“We’re growing and needed more space,” said Peter Miller, CEO of Integrity Nutraceuticals, which has about 450 full-time and temporary services employees.

Today, the company’s operations are spread across several buildings in Maury County, where it moved from Sarasota, Fla., nearly seven years ago. They include roughly 34,000 square feet of space at Parkway Business Center in Spring Hill and about 70,000 square foot of space at the NorthPointe Industrial Park in Columbia.

Integrity Nutraceuticals is a raw material supplier of bulk nutraceuticals, typically importing the materials from China and India. It is one of a number of companies in the growing $32 billion nutritional supplement industry.

Warren, Mich.,-based Crown Enterprises Inc. owns the former Penske Logistics building at 4637 Old Port Royal Road, which has sat vacant for nearly seven years.

Jan McKeel, executive director of South Central Tennessee Workforce Alliance, a nonprofit workforce development agency, said she welcomes news about local expansions as much as about a new company coming to the area. “It takes both existing employers and new employers to get our economy thriving,” she added.

Broker Ronnie Wenzler of Cassidy Turley represented Integrity Nutraceuticals in negotiating the lease and is helping the company to sell or lease out the buildings it will be leaving.